| Table 18 : Transactions on the Interbank Money Market | ||||||||
| Period | Amount Transacted | Daily | Range of | Interbank | Bank | |||
| Average | Interbank | W.A.I | Rate | |||||
| Lowest | Highest | Total | @ | Rates | Rate* | ** | ||
| (Rs million) | (Per cent) | |||||||
| May 1999 | ||||||||
| 01 - 02 | 110 | 110 | 220 | 110 | 9.50 - 10.50 | 9.95 | 12.56 | |
| 03 - 06 | 50 | 115 | 305 | 76 | 9.25 - 10.50 | 10.27 | 12.62 | |
| 07 - 13 | 30 | 100 | 440 | 73 | 9.75 - 10.00 | 9.89 | 12.56 | |
| 14 - 20 | 30 | 70 | 340 | 49 | 9.00 - 10.00 | 9.74 | 12.78 | |
| 21 - 27 | 10 | 183 | 403 | 67 | 9.00 - 9.75 | 9.48 | 12.54 | |
| 28 - 31 | 30 | 235 | 325 | 81 | 9.75 - 10.00 | 9.88 | 12.63 | |
| Apr-98 | 25 | 318 | 2,518 | 114 | 7.75 - 12.00 | 9.30 | 9.05 | |
| May-98 | 10 | 177 | 2,143 | 79 | 7.00 - 9.00 | 8.08 | 9.08 | |
| Jun-98 | 5 | 480 | 1,608 | 95 | 7.50 - 10.50 | 8.35 | 9.13 | |
| Jul-98 | 20 | 325 | 5,130 | 166 | 7.50 -12.00 | 9.06 | 9.22 | |
| Aug-98 | 5 | 375 | 4,449 | 178 | 7.50 -10.00 | 9.00 | 9.63 | |
| Sep-98 | 8 | 158 | 725 | 30 | 8.00 - 10.25 | 8.91 | 10.12 | |
| Oct-98 | 15 | 495 | 4,220 | 136 | 8.00 - 18.00 | 10.37 | 10.30 | |
| Nov-98 | 7 | 290 | 3,362 | 112 | 8.00 - 11.00 | 10.14 | 11.43 | |
| Dec-98 | 21 | 450 | 3,384 | 117 | 8.50 - 12.19 | 9.82 | 12.49 | |
| Jan-99 | 35 | 385 | 3,137 | 116 | 8.00 - 18.00 | 11.09 | 12.76 | |
| Feb-99 | 35 | 445 | 5,137 | 190 | 9.00 - 13.00 | 10.28 | 12.71 | |
| Mar-99 | 15 | 235 | 2,499 | 104 | 9.00 - 9.75 | 9.51 | 12.66 | |
| Apr-99 | 30 | 250 | 2,671 | 89 | 9.25 - 11.50 | 10.07 | 12.62 | |
| May-99 | 10 | 235 | 2,033 | 70 | 9.00 - 10.50 | 9.85 | 12.62 | |
| * : Interbank Weighted Average Interest Rate. | @ : For transactions days only. | |||||||
| ** : Simple Average for the month, actual for the week. | ||||||||